GS - The Goldman Sachs Group, Inc.

NYSE - NYSE Delayed Price. Currency in USD
202.54
+3.45 (+1.73%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous Close199.09
Open200.38
Bid201.94 x 800
Ask0.00 x 900
Day's Range196.91 - 203.00
52 Week Range151.70 - 275.31
Volume5,650,934
Avg. Volume4,437,530
Market Cap75.339B
Beta (3Y Monthly)1.07
PE Ratio (TTM)14.78
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield3.20 (1.61%)
Ex-Dividend Date2018-11-29
1y Target EstN/A
Trade prices are not sourced from all markets
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  • What Are Analysts Expecting From The Goldman Sachs Group, Inc. (NYSE:GS) In The Years Ahead?
    Simply Wall St.yesterday

    What Are Analysts Expecting From The Goldman Sachs Group, Inc. (NYSE:GS) In The Years Ahead?

    The Goldman Sachs Group, Inc.'s (NYSE:GS) most recent earnings update in December 2018 confirmed that the business benefited from a significant tailwind, more than doubling its earnings from the prior Read More...

  • Markityesterday

    See what the IHS Markit Score report has to say about Goldman Sachs Group Inc.

    # Goldman Sachs Group Inc ### NYSE:GS View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for GS with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting GS. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $1.13 billion over the last one-month into ETFs that hold GS are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. GS credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Exclusive: BlackRock, Goldman to move some fund managers to U.S. if no-deal Brexit - sources
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  • The Wall Street Journal2 days ago

    [$$] Malaysia’s Finance Minister Wants Goldman’s $7.5 Billion, Not an Apology

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    Exclusive: BlackRock, Goldman to move some fund managers to U.S. if no-deal Brexit - sources

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  • InvestorPlace2 days ago

    Wells Fargo Stock Simply Isn’t Worth Buying Right Now

    The best business isn't always the best stock. And even Wells Fargo (NYSE:WFC) bulls would admit that WFC isn't the best business among big banks. The company is still dealing with the aftereffects of a series of scandals that have led Wells Fargo stock to underperform the sector. But that's not necessarily a bad thing. Stocks are valued looking forward, and a business that has struggled -- or that has room to rebound -- can have more opportunity for growth than a company firing on all cylinders. It may seem counterintuitive, but there's a reason investors -- particularly in a bull market -- like turnaround stories. The problem when it comes to WFC stock, however, is that at least some degree of turnaround is priced in. Wells Fargo stock is actually more expensive than many peers. With those peers performing better -- as big bank earnings reports last week proved -- there's no real reason to pay a premium for WFC stock. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### WFC Stock Gains After Earnings Admittedly, Wells Fargo has had a nice run of late, bouncing 14% off December lows. And the company's Q4 earnings report on Tuesday, while hardly spectacular, appears to be enough to keep the run intact. Relative to consensus, GAAP earnings-per-share beat by a penny, but revenue missed by a reasonably wide margin (about $770 million). WFC stock initially declined after the report, before closing up modestly on Tuesday and then rising in the following two sessions. * 10 Growth Stocks With the Future Written All Over Them But looking closer, this hardly looks like a strong report. Revenue declined almost 5% year-over-year. Average loans in billions were down. Average deposits declined over 3% YOY. Consolidated net income did increase YOY, but thanks solely to a lower effective tax rate. This simply isn't a business that is growing right now, which isn't necessarily a surprise. I argued a year ago that the company's ever-widening scandals meant other bank stocks were much better choices. The weakness YOY in loans and deposits only highlights that problem. Meanwhile, other big banks are doing much better. Bank of America (NYSE:BAC), even with a clear focus on managing risk, increased adjusted revenue 6% in its Q4; adjusted pre-tax income rose 22%. BAC stock soared on the news. JPMorgan Chase (NYSE:JPM) saw its top line grow 4%; loan balances increased across the board. In this economy, Wells Fargo earnings aren't good enough … or close. And that problem isn't going away. ### The Asset Cap Continues The current issue for Wells Fargo is that the Federal Reserve has capped the growth of the company's balance sheet. In that context, the weak loan and deposit growth isn't necessarily a surprise. But the problem is that the cap is going to last longer than expected. Wells Fargo management said on the Q4 conference call that the cap would last throughout 2019, despite past hopes that the company could get out from under sooner than that. That suggests the weak growth seen in Q4, and 2018 on the whole, is going to continue for at least four more quarters. There's another issue as well. At what point does Wells Fargo actually keep a promise? Shareholders went through an endless litany of scandals and missteps; after each one, management insisted there were no more skeletons in the closet. Now, it's taking longer to fix those problems than previously thought. When, exactly, are investors supposed to trust management? * 7 Companies Apple Should Consider Buying ### Stay Away from Wells Fargo Stock These issues might be more acceptable if WFC stock was cheap. The problem is that it isn't. WFC trades at 1.34x book value. BAC is at 1.21x. Goldman Sachs (NYSE:GS), which I recommended earlier this week, trades at barely 1x, even after GS stock soared following a blowout Q4. Citigroup (NYSE:C), another turnaround play, trades at a discount to its book value. The premium that WFC stock receives in terms of both P/B and in some cases price-to-earnings requires that the company make improvements. Yet shareholders have been waiting for years, and they are still waiting. At a certain point, it's simply time to move on. After Q4 earnings, and with Wells Fargo stock off the lows, that time appears to be now. As of this writing, Vince Martin has no positions in any securities mentioned. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Apple Should Consider Buying * 7 Beaten-Up Housing Stocks Due for a Bounce Back * Take Buffett's Advice: 5 Vanguard Funds to Buy Compare Brokers The post Wells Fargo Stock Simply Isn't Worth Buying Right Now appeared first on InvestorPlace.

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  • Malaysia open to talks if Goldman pays $7.5 billion, minister says
    Reuters2 days ago

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  • Thomson Reuters StreetEvents2 days ago

    Edited Transcript of GS earnings conference call or presentation 16-Jan-19 2:30pm GMT

    Q4 2018 Goldman Sachs Group Inc Earnings Call

  • Reuters2 days ago

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    Malaysia's finance minister said on Friday the government would be ready to discuss dropping criminal charges against Goldman Sachs linked to the 1MDB scandal if the bank pays $7.5 billion in reparations. Goldman Sachs is being investigated by Malaysian authorities and the U.S. Department of Justice for its role as underwriter and arranger of three bond sales that raised $6.5 billion for 1Malaysia Development Berhad. U.S prosecutors last year charged two former Goldman bankers with the theft of billions of dollars from 1MDB.

  • Malaysia says Goldman Sachs must pay, apology not enough
    Associated Press3 days ago

    Malaysia says Goldman Sachs must pay, apology not enough

    PUTRAYAJAYA, Malaysia (AP) — Malaysia's Finance Minister Lim Guan Eng said Friday that an apology by Goldman Sachs for its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB was insufficient and that it must pay $7.5 billion as compensation.

  • Malaysia Could Drop Goldman's 1MDB Charges for $7.5 Billion
    Bloomberg3 days ago

    Malaysia Could Drop Goldman's 1MDB Charges for $7.5 Billion

    The country filed criminal charges against the lender in December, the first for Goldman, and may discuss dropping those allegations if the bank pays the sum, Finance Minister Lim Guan Eng told reporters on Friday. “Goldman Sachs should understand the agony and the trauma suffered by the Malaysian people as a result of the 1MDB scandal,” Lim said in the administrative capital of Putrajaya.

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  • 5 Must-See Stock Charts for Friday: MS, GE, SQ, BA
    InvestorPlace3 days ago

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    Rumors over a lifting of the tariffs sparked a temporary intraday rally for the stock market -- not that a number of stocks needed anymore reason to climb on Thursday. Let's get a look at some must-see stock charts to see what's in focus for Friday. ### Top Must-See Stock Charts #1: Boeing Boeing (NYSE:BA) got an instant lift on the tariff news, although shares have been trading pretty well as of late anyway. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy as the Dollar Weakens After consolidating near $350 for about a week, shares are powering through downtrend resistance (blue line) on Thursday. The move has been swift and enjoyable for bulls, who are now looking for a rally up to $370. Should BA fizzle before it gets there, it would be encouraging to see it stay north of this prior downtrend line. Over the 100-day and 200-day would also be encouraging. Otherwise, BA may need to reset. ### Top Must-See Stock Charts #2: Morgan Stanley Unlike some of the other banks -- like Bank of America (NYSE:BAC) and Goldman Sachs (NYSE:GS) -- Morgan Stanley's (NYSE:MS) earnings results weren't that impressive. However, its reaction isn't all that bad. While downtrend resistance (blue line) is still firmly in control of MS, the 50-day moving average is holding up. A close over $43.10 would be another bullish development for the stock. Over the 50-day and longs can stick with MS, however, other bank stocks look more attractive at this point. ### Top Must-See Stock Charts #3: iQiyi Obviously everyone's eyes are on Netflix (NASDAQ:NFLX), which is up more than 50% over the past few weeks and just raised its prices ahead of Thursday afternoon earnings report. Anticipation for its earnings is giving a boost to Roku (NASDAQ:ROKU) and iQiyi (NASDAQ:IQ), the latter of which is known as "the Netflix of China." IQ stock has been trading better, but with Netflix reporting earnings after the bell, it will likely be a large driver for IQ in the short term. Currently, the stock is resting just below tough downtrend resistance and the 50-day moving average. If IQ can push higher, it could cause a flurry of buying once over resistance. That may spark a move up to $22. ### Top Must-See Stock Charts #4: General Electric Shares of General Electric (NYSE:GE) continue to grind higher and InvestorPlace readers have been following the levels as we go. GE stock pushed up to $9 earlier this month and was quickly rejected back down to the 50-day. From there, GE climbed back to $9 and consolidated just below that mark for more than a week. On Thursday, it broke over this level. Now I want to see a close above $9 and a continued push higher. If it can do that, the next level to watch is $10 and/or the 100-day moving average. ### Top Must-See Stock Charts #5: Square Another high flyer on Thursday, Square (NYSE:SQ) stock jumped 4.5% on Thursday. This is a continued move after SQ stock broke out over downtrend resistance (blue line) earlier this month. The stock rallied up and pushed through the 50-day moving average, but coiled just below the 100-day. The theme here? Stocks have been rallying up and consolidating for about a week before pushing through key levels again. Will it lead to a false breakout now that the major indices have recouped about half of their losses, or will they lead to further gains? We don't know yet, which is why we outline the levels! * 10 Growth Stocks With the Future Written All Over Them For SQ stock, let's see if shares can push up to the 200-day moving average. If they fizzle out beforehand, look to see that it stays over $64. Below and it may revisit the backside of prior downtrend resistance. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long GE and ROKU. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits Compare Brokers The post 5 Must-See Stock Charts for Friday: MS, GE, SQ, BA appeared first on InvestorPlace.

  • InvestorPlace3 days ago

    The 1MDB Scandal Won’t Really Hurt Goldman Sachs Stock

    Investors ignored Goldman Sachs' (NYSE:GS) Malaysian 1MDB scandal on Jan. 16, sending the stock up 10% after it beat earnings estimates. The price of Goldman Sachs stock rose as high as $197, but nudged downward below $195 as the hangover from that party set in. Goldman said it earned $2.54 billion, $6.04 per share, during the quarter, on revenues of $8.08 billion. This easily eclipsed estimates of $4.54 per share of earnings on revenue of $7.55 billion. During the quarter Goldman, known entirely as an investment bank, proved it can do retail banking, luring $7 billion in UK deposits through Marcus, an online bank paying high interest rates. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Analysts at other banks were impressed, although some noted that expectations had been low. One analyst even predicted the stock could rise another 25%, as its price is still lower than Goldman's book value. * 7 Stocks to Buy as the Dollar Weakens ### The 1MDB Scandal and Goldman Sachs Stock But the hangover of the 1MDB scandal still hangs over the stock, and before buying you need to hear the story. Malaysia is seeking $7.5 billion from Goldman, which raised $6 billion for a government-backed fund that wound up becoming a slush fund for former President Najib Razak, his associates, and a financier named Jho Low, now a fugitive in China. Along the way Goldman collected $600 million in fees. The scandal brought down the Najib government and brought Mahathir Mohamad, now 93, out of retirement as president, with a mandate to find and punish the guilty. The new government insists Goldman knows where all the money went. The question for courts is whether Goldman Sachs is criminally liable, or just Tim Leissner, the former head of the bank's Southeast Asia department, who has already pled guilty and could wind up with 10 years behind bars. Goldman says Leissner is entirely to blame, but Malaysia disagrees. People who are bullish on Goldman stock assume there will be some penalty levied against the firm, just nothing close to what prosecutors want. New Goldman CEO David Solomon took the unusual step of apologizing on the earnings call to Malaysia for Leissner's actions, but also spread the blame around. "It's very clear that the people of Malaysia were defrauded by many individuals, including the highest members of the prior government," he said. Basically, it's the government's fault too and Goldman was lied to. The size of the penalty levied against Goldman may turn out to be a political decision, as the U.S. tries to maintain relations in the face of growing Chinese power. Another reason to be bearish on Goldman Sachs stock comes from Goldman's own analysts, whose outlook for 2019 warns of slowing growth ahead. Goldman is also concerned that the recent bear market could turn into a self-fulfilling prophecy as people with money slow their spending. If the global bull market is ending, it can't mean anything good for Goldman's stock. ### The Bottom Line on Goldman Sachs Stock Regardless of how the courts rule in the Malaysia case, Goldman is unlikely to disappear. It has a market cap of $77 billion, and over $110 billion of cash on its books. Its Tier 1 ratio, measuring its ability to weather a market downturn, is now at 13.3%, on par with JPMorgan Chase (NYSE:JPM). Book value per common share reached over $207 by the end of the year, up about 15%, even while the stock fell 10.5% over the last 12 months. In conventional terms it's right to call Goldman Sachs stock a bargain. The question is whether these are conventional times. Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits Compare Brokers The post The 1MDB Scandal Won't Really Hurt Goldman Sachs Stock appeared first on InvestorPlace.

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